As Trump Lashes Out At ‘Unfair’ WTO, Here’s What One Expert Says
He’s right and wrong. But mostly wrong.
He’s right and wrong. But mostly wrong.
Remember, he’s going to run this country like one of his businesses…
“And you would think that this might be bullish for bonds, but no, far from it. A Central Bank that is not willing to invert the curve and take the economic hit from forcing a recession is a bond investor’s nightmare. After all, apart from default, inflation is the absolute worse thing out there.”
“Needless to say, the Donald’s un-varnished, un-vetted and un-shackled thoughts whims on most any topic are a thing of considerable disruptive potential. But when it comes to trade, his mind beats to the sound of a drummer not from this world or even possibly the next.”
But hell, you never know these days. U.S. investors are a funny bunch and they’re prone to defying common sense when it comes to piling in for absolutely no reason whatsoever.
Well, damn.
“America’s economy is faltering not from too little infrastructure spending, but from too much debt—-$67 trillion of total public and private debt, to be exact. So it appears that the bond vigilantes are returning from 24 years of hibernation just in the nick of time to put the kibosh on the Trumpite/GOP’s latest hare-brained scheme to balloon the public debt.”
“Free at last, Free at last, Thank God almighty I am free at last!”
Let that sink in.
“Yet there is something about Michael Wolff’s tirade that deeply resonates, albeit on the other end of the Acela Corridor. We are referring, of course, to the ‘idiots’ who are buying the S&P 500 at 2735 and earnestly debating the pros and cons of bitcoin at $16,000.”
“…you still need to assume that the major central banks simply pat Ripple execs on the fanny, say good game and thank you for destroying big chunks of our business, we’ll just sit in the corner and go f*ck ourselves as you steal our money printing power.”
“…we know of no melt-up that had legs of more than a few months after the point that irrational exuberance went full retard, as is happening at this very moment.”
“That refers to Wall Street, Washington, the Dems and the GOP, and all the far and near corners of the planet which are implicated in their collective follies.”
Not surprisingly, none of them could be reached for comment and attempts to reach the Saudi government were not successful.
Jamie never said it wouldn’t go to the moon. In fact, I bet his “target” price was higher than yours…
Show of hands: who’s surprised?
“Owning an asset regardless of price is what created the dotcom bubble. It didn’t work then, and it won’t work now.”
Curb. Your. Enthusiasm.Â
Now define “bad.”
Because we can’t do it anymore.
Seemingly unwilling to risk any further damage to his already low approval ratings, Trump ultimately
Just biding time…
Well, former trader and man who has been trying really, really hard lately to keep
“Pretty good imagination, right?,” he asked supporters. “Good? My idea.”Â
“There is precious little room for everyone in the gold boat. This is made all too clear with the problems we quickly experienced from a little interest in GDXJ. Can you imagine what will happen if the tide truly turns?”
We’ve been saying since January that investors were showing signs of fading the reflation narrative
There’s been no shortage of discussion this year about flows into US equities. Over the past
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